For life insurers, cannabis is no longer as “high-risk” as tobacco

Posted on September 3, 2018 and updated September 3, 2018 in 1 min read

Anticipating the legalization of cannabis later this year, some of the country’s major life insurance companies are updating their policies to better serve customers. Now, even life insurers are rushing to adapt to mainstream marijuana acceptance. Lorne Marr had recently surveyed nearly every life insurance provider in Canada and found that most of them have a marijuana-friendly policy similar to the one Sun Life had originally implemented in 2016.

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